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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 77.22+4.4%3:35 PM EST

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To: Tom D who wrote (92)11/22/2000 9:21:51 AM
From: bambs   of 253
 
i wish this election garbage would just go away so we could get on with the business of really falling apart. Some people seem to think that the election indecision is holding this market down. I think it's a double edge sword. It's just holding us in a range. Many traders are waiting to short over night and clearing out day shorts for fear of and election pop....which they all agree will be sold in a matter of days. Many bulls are holding losing positions hoping for an election pop and fall rally. They would be more fearful if we were trading down like this and they didn't have the election indecision as an excuse. I think traders are more inclined to hold losing long positions as they are blaming the election not the stock...many hope that things will turn around after the election issue is put to bed.

bambs
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